The Price of Olive Oil »
Posted by: _kam0_ 3 months, 1 week agoThe lack of new olive oil in Israel has led to a price increase. In the Arab villages, the price jumped from 300 shekels (NIS) per container to 600 NIS and more this year. (There are roughly four shekels to the dollar.) At first glance this might seem to favor the farmers, but even the highest price cannot compensate them for the loss in yield.
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